The outlook section is depressing: "Corum completed a strategic...

The outlook section is depressing:

"Corum completed a strategic review of the business in the second half of FY17 and the recommendations have been adopted by management and the board

As a result, the directors have decided at this stage not to invest further in the eCommerce business."

And then it just keeps getting worse when they talk about the health business. "Long term impact of a number of unsuccessful pharmacy group tenders is yet to be determined..." then talks about the loss of a long standing customer and loss of revenue.

And then... "Corum Clear isn't expected expected to contribute significantly to revenue in the coming year."

Are there any bright points in the numbers? All I see is lots of talk and a deteriorating business which is decimating shareholder value. They're down to 14 mil in revenue for goodness sakes! Profits they earn before all these "one offs" don't even look appetising any more... any moat they did have has been eroded.

Where's the upside in all this, that they can stop all the customer's from fleeing? That Corum Clear starts to generate some profit in the next couple of years?

Value trap!